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tcs u/s 206c(1d)

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09 August 2016 sir/mam please guide me regarding the new thresehold limit of 2 lacs for tcs. Is it for per bill to a single party exceeding 2 lacs cash payment or per party aggregate amt exceeding 2 lacs cash payment in a year for purchase or sale of goods other than bullion & jwellery, whether partly amt can be collected in cash please help

10 August 2016 It is per bill to a single party exceeding 2 lacs cash payment. Part amount can be collected in cash



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